Capri Holdings Limited $CPRI Shares Sold by Oliver Luxxe Assets LLC

Oliver Luxxe Assets LLC decreased its position in shares of Capri Holdings Limited (NYSE:CPRI) by 43.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,087 shares of the company’s stock after selling 56,721 shares during the quarter. Oliver Luxxe Assets LLC’s holdings in Capri were worth $1,357,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Capri by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 11,701,832 shares of the company’s stock valued at $285,525,000 after purchasing an additional 121,209 shares during the last quarter. State Street Corp increased its holdings in shares of Capri by 19.3% during the 2nd quarter. State Street Corp now owns 4,479,231 shares of the company’s stock worth $79,282,000 after buying an additional 724,967 shares during the last quarter. Segall Bryant & Hamill LLC raised its position in shares of Capri by 92.6% during the 1st quarter. Segall Bryant & Hamill LLC now owns 2,734,735 shares of the company’s stock valued at $48,186,000 after buying an additional 1,314,611 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Capri during the 4th quarter valued at approximately $53,759,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Capri by 34.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,165,618 shares of the company’s stock valued at $38,154,000 after acquiring an additional 557,955 shares during the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Wall Street Analyst Weigh In

CPRI has been the subject of several analyst reports. Weiss Ratings upgraded Capri from a “sell (e+)” rating to a “sell (d)” rating in a research report on Thursday, May 28th. TD Cowen lowered Capri from a “buy” rating to a “hold” rating and decreased their price target for the company from $20.00 to $17.00 in a research note on Thursday. Barclays decreased their price target on Capri from $20.00 to $19.00 and set an “overweight” rating on the stock in a research note on Thursday. UBS Group lowered their price target on Capri from $20.00 to $17.00 and set a “neutral” rating for the company in a report on Thursday. Finally, The Goldman Sachs Group cut their price objective on Capri from $21.00 to $18.00 and set a “neutral” rating for the company in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Capri has a consensus rating of “Hold” and an average target price of $21.93.

Capri News Summary

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Capri’s latest quarterly results exceeded expectations, with earnings per share of $0.67 versus the $0.40 consensus and revenue of $769 million versus estimates of $757.6 million. Margin gains and growth at Jimmy Choo provided support, although total revenue declined year over year. CPRI Q1 Earnings Beat Estimates on Margin Gains, Jimmy Choo Growth
• Positive Sentiment: Despite lower targets, BTIG maintained a “buy” rating and set a $25 target, implying substantial upside if Capri’s turnaround gains traction. Analysts’ views across the consumer-cyclical sector remain mixed rather than uniformly bearish. BTIG Capri price-target report
• Neutral Sentiment: UBS lowered its Capri price target to $17 from $20 while keeping a “neutral” rating. Goldman Sachs cut its target to $18 from $21, and Telsey reduced its target to $18 from $21 while maintaining “market perform” status. The revisions still imply upside from recent trading levels but signal reduced confidence in the pace of recovery. Capri price target cut by UBS
• Neutral Sentiment: Analyst coverage remains divided: some firms see value in Capri’s low valuation and turnaround potential, while others remain cautious about brand performance and execution. Analysts offer insights on Capri Holdings and other consumer cyclical companies
• Negative Sentiment: The main overhang is that Michael Kors has not yet reversed its negative sales trend, while Jimmy Choo’s recovery remains modest. Commentary also argues that Capri’s apparently low headline valuation may be overstated by currency-hedging effects, making the stock less compelling for a company still lacking consistent luxury-brand resilience. Capri Holdings: The Turnaround Needs To Show Something More
• Negative Sentiment: JPMorgan issued a pessimistic forecast, adding to concerns about Capri’s sales trajectory and the company’s ability to execute its turnaround. JPMorgan issues pessimistic forecast for Capri

Insider Activity at Capri

In other Capri news, Director Stephen F. Reitman sold 17,981 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $19.42, for a total value of $349,191.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.60% of the stock is currently owned by company insiders.

Capri Stock Down 0.0%

Shares of CPRI opened at $15.30 on Monday. The stock has a market capitalization of $1.76 billion, a PE ratio of 11.77, a P/E/G ratio of 0.33 and a beta of 1.41. Capri Holdings Limited has a 1 year low of $14.77 and a 1 year high of $28.26. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.54 and a current ratio of 1.19. The company’s 50-day simple moving average is $18.00 and its 200-day simple moving average is $19.08.

Capri (NYSE:CPRI) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.27. Capri had a net margin of 4.44% and a return on equity of 297.36%. The firm had revenue of $769.00 million during the quarter, compared to analysts’ expectations of $757.61 million. During the same quarter in the previous year, the business posted $0.50 earnings per share. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. Analysts forecast that Capri Holdings Limited will post 2.12 earnings per share for the current fiscal year.

Capri Company Profile

Capri Holdings Limited (NYSE: CPRI) is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company’s principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand’s distinct heritage and aesthetic vision.

Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.